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International lenders will return to Greece

Brussels - The European Central Bank, the European Commission and the International Monetary Fund, also known as the troika, said on Thursday they would return to Greece later in September to study reform progress under the existing adjustment programme.

“Productive discussions were held on some key issues for the forthcoming review of Greece's economic programme. The full mission is expected to arrive in Athens in late September,” the European Commission said in a joint statement.

Picture: John Kolesidis / Reuters. Credit: REUTERS

Athens has had to seek the help of international creditors twice since 2010, winning an overall 240 billion-euro (R3.3 billion) aid package to avert bankruptcy, accompanied by painful austerity and reforms. - Reuters

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